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Canopy Growth Corp (WEED.TO)

WEED.TO on Toronto Stock Exchange

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$0.79 (+1.43%)
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Latest Key Developments (Source: Significant Developments)

Canopy Growth, Acreage Holdings Remind Shareholders To Vote For Canopy Growth's Plan To Acquire Acreage
Friday, 14 Jun 2019 

June 14 (Reuters) - Acreage Holdings Inc ::CANOPY GROWTH AND ACREAGE HOLDINGS REMIND SHAREHOLDERS TO VOTE FOR CANOPY GROWTH'S PLAN TO ACQUIRE ACREAGE.  Full Article

Canopy Growth Acquires Established Skincare And Well-Being Company This Works
Wednesday, 22 May 2019 

May 22 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH ACQUIRES ESTABLISHED SKINCARE AND WELL-BEING COMPANY THIS WORKS®.CANOPY GROWTH CORP - ALL-CASH TRANSACTION TO ACQUIRE THIS WORKS FOR A PURCHASE PRICE OF £43 MILLION.CANOPY GROWTH CORP - FINALIZED AN ALL-CASH TRANSACTION TO ACQUIRE THIS WORKS.  Full Article

Canopy Growth Appoints Mike Lee As Acting Chief Financial Officer
Tuesday, 21 May 2019 

May 21 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH APPOINTS MIKE LEE AS ACTING CHIEF FINANCIAL OFFICER.CANOPY GROWTH CORP - APPOINTMENT OF MIKE LEE TO ITS EXECUTIVE LEADERSHIP TEAM IN ACTING ROLE OF CHIEF FINANCIAL OFFICER (CFO), EFFECTIVE JUNE 1, 2019.CANOPY GROWTH CORP - TIM SAUNDERS WILL CONTINUE TO SERVE EXECUTIVE TEAM AND BOARD OF DIRECTORS OF CANOPY GROWTH AS A STRATEGIC ADVISOR.  Full Article

Canopy Rivers Announces Supply Agreement Between PharmHouse And Canopy Growth
Thursday, 9 May 2019 

May 9 (Reuters) - Canopy Rivers Inc ::CANOPY RIVERS ANNOUNCES SIGNIFICANT SUPPLY AGREEMENT BETWEEN PHARMHOUSE AND CANOPY GROWTH.CANOPY RIVERS INC - 3-YEAR CONTRACT COMMITS 20% OF PHARMHOUSE'S CANNABIS PRODUCTION TO CANOPY GROWTH.CANOPY RIVERS - AGREEMENT PROVIDES FOR DELIVERY TO CANOPY GROWTH OF MINIMUM OF 25,000 KG OF CANNABIS/YEAR, MAXIMUM OF 45,000 KG OF CANNABIS/YEAR.  Full Article

Canopy Growth Announces Plan To Acquire U.S. Cannabis Operator Acreage Holdings
Thursday, 18 Apr 2019 

April 18 (Reuters) - Acreage Holdings Inc ::CANOPY GROWTH ANNOUNCES PLAN TO ACQUIRE LEADING U.S. MULTI-STATE CANNABIS OPERATOR, ACREAGE HOLDINGS.ACREAGE HOLDINGS INC - AGGREGATE TOTAL PAYMENT OF US$300 MILLION OR APPROXIMATELY US$2.55 PER ACREAGE SUBORDINATE VOTING SHARE.ACREAGE HOLDINGS INC - TRANSACTION IS VALUED AT APPROXIMATELY US$3.4 BILLION.ACREAGE HOLDINGS - COS WILL ALSO EXECUTE LICENSING AGREEMENT GRANTING ACREAGE ACCESS TO CANOPY'S LINE-UP OF BRANDS SUCH AS TWEED AND TOKYO SMOKE.ACREAGE HOLDINGS - HOLDERS OF SUBORDINATE VOTING SHARES OF ACREAGE WILL RECEIVE 0.5818 OF A COMMON SHARE OF CANOPY GROWTH FOR EACH ACREAGE SHARE HELD.ACREAGE HOLDINGS INC - ACREAGE PRESIDENT, GEORGE ALLEN WILL DEPART COMPANY EFFECTIVELY IMMEDIATELY.ACREAGE HOLDINGS INC - ACREAGE CHAIRMAN AND CEO KEVIN MURPHY WILL ASSUME DUTIES OF PRESIDENT.ACREAGE HOLDINGS INC - UNDER TERMS OF AGREEMENT, CANOPY GROWTH WILL PAY UP-FRONT CASH PREMIUM TO ACREAGE HOLDERS.ACREAGE HOLDINGS INC - WILL ALSO EXECUTE A LICENSING AGREEMENT GRANTING ACREAGE ACCESS TO CANOPY GROWTH'S BRANDS SUCH AS TWEED AND TOKYO SMOKE.ACREAGE HOLDINGS INC - DUE TO SCOPE OF PROPOSED DEAL, CANOPY GROWTH AND CONSTELLATION BRANDS HAVE AMENDED INVESTOR RIGHTS AGREEMENT.ACREAGE HOLDINGS INC - CONSTELLATION WILL CONTINUE TO MAINTAIN ITS CURRENT LEVEL OF REPRESENTATION ON CANOPY'S BOARD.ACREAGE HOLDINGS INC - AGREEMENT INCLUDES TERMINATION FEE IN AMOUNT OF US$150 MILLION PAYABLE BY ACREAGE IN EVENT THAT TRANSACTION IS TERMINATED.  Full Article

Canopy Growth Expands European Footprint, Acquires Spain's Cafina
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH EXPANDS EUROPEAN FOOTPRINT, ACQUIRES SPANISH LICENSED CANNABIS PRODUCER CAFINA.  Full Article

Canopy Growth Says Houseplant Will Lean On Production And Distribution Capabilities Of Co And Its Licensed Subsidiaries
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Canopy Growth Corp ::CO WELCOMES HOUSEPLANT TO FAMILY.HOUSEPLANT WILL LEAN ON PRODUCTION AND DISTRIBUTION CAPABILITIES OF CANOPY GROWTH AND ITS LICENSED SUBSIDIARIES.THROUGH A MINORITY OWNERSHIP IN NEW BUSINESS VENTURE, CO TO HELP HOUSEPLANT SCALE QUICKLY.  Full Article

Canopy Growth Receives New Health Canada Licence In Atlantic Canada That Will Boost Output, Create Jobs
Monday, 25 Mar 2019 

March 25 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH RECEIVES NEW HEALTH CANADA LICENCE IN ATLANTIC CANADA THAT WILL BOOST OUTPUT, CREATE JOBS.CANOPY GROWTH CORP - NEW $40M PRODUCTION FACILITY WILL INCREASE CANOPY GROWTH'S CANNABIS OUTPUT BY MORE THAN 5,000KG ANNUALLY.CANOPY GROWTH CORP - FIRST HARVESTS FROM FACILITY EXPECTED TO BECOME AVAILABLE TO MARKET WITHIN SIX MONTHS.  Full Article

Alimentation Couche-Tard And Canopy Growth To Support Cannabis Retail In London, Ontario
Friday, 22 Feb 2019 

Feb 22 (Reuters) - Canopy Growth Corp ::ALIMENTATION COUCHE-TARD AND CANOPY GROWTH TO SUPPORT CANNABIS RETAIL IN LONDON, ONTARIO.ALIMENTATION COUCHE-TARD HAS ENTERED INTO A MULTI-YEAR AGREEMENT WITH CO.  Full Article

Constellation Brands Reports Qtrly Comparable Basis EPS Of $2.37
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Constellation Brands Inc ::CONSTELLATION BRANDS REPORTS THIRD QUARTER FISCAL 2019 RESULTS.QTRLY REPORTED BASIS EPS OF $1.56.QTRLY COMPARABLE BASIS EPS OF $2.37.UPDATES FISCAL 2019 REPORTED BASIS EPS OUTLOOK TO $12.95 - $13.05.Q3 EARNINGS PER SHARE VIEW $2.06 -- REFINITIV IBES DATA.QTRLY REPORTED NET SALES $1,973 MILLION, UP 9 PERCENT.UPDATES FISCAL 2019 COMPARABLE BASIS EPS OUTLOOK TO $9.20 - $9.30.CONSTELLATION BRANDS - AFFIRMS FISCAL 2019 OPERATING CASH FLOW TARGET OF ABOUT $2.45 BILLION AND FREE CASH FLOW PROJECTION OF $1.2 - $1.3 BILLION.SEES FY 2019 CAPITAL EXPENDITURES OF $1.15 BILLION - $1.25 BILLION.CONSTELLATION BRANDS - FISCAL 2019 REPORTED BASIS AND COMPARABLE BASIS EPS OUTLOOK INCLUDES ADDITIONAL INTEREST EXPENSE FOR CANOPY FINANCING.CONSTELLATION BRANDS - FISCAL 2019 REPORTED BASIS AND COMPARABLE BASIS EPS OUTLOOK EXCLUDES Q4 CANOPY EQUITY EARNINGS.CONSTELLATION BRANDS - FOR FISCAL 2019, THE BEER BUSINESS NOW EXPECTS NET SALES GROWTH TO BE AT THE HIGH END OF THE 9 - 11% RANGE.CONSTELLATION-ESTIMATES INTEREST EXPENSE ASSOCIATED WITH CANOPY GROWTH TRANSACTION TO ABOUT $55 MILLION BEFORE TAX WITH ABOUT $0.25 IMPACT ON FISCAL 2019 EPS.WINE AND SPIRITS BUSINESS NOW EXPECTS NET SALES AND OPERATING INCOME TO DECLINE LOW-SINGLE DIGITS FOR FISCAL 2019.$164 MILLION DECREASE IN FAIR VALUE OF CANOPY INVESTMENTS RECOGNIZED FOR Q3.FY2019 EARNINGS PER SHARE VIEW $9.43 -- REFINITIV IBES DATA.Q3 REVENUE VIEW $1.91 BILLION -- REFINITIV IBES DATA.  Full Article

RPT-Canopy Growth pushes into cannabis beauty and wellness with This Works buy

May 22 Canopy Growth Corp said on Wednesday it would buy skincare company This Works for C$73.8 million ($55.2 million), adding beauty and sleep products to the Canadian weed producer's portfolio of cannabis oil, hemp and medical capsules.